Innofactor in Brief

Innofactor is a leading provider of digitalization and cloud solutions in the Nordic countries. Our task is to help our customers digitalize their business, promote a collaborative way of working, and develop business processes by utilizing intelligent cloud services. We offer our customers business-critical solutions, project deliveries and maintenance services, and develop our own software products and services. Our offering is focused on solutions for Microsoft ecosystem organizations, whose markets are growing faster than the IT market on average.

Our solutions are already being used by more than 1,500 organizations in the private, public, and membership-based organizations in the Nordic countries. We are a strong and valued partner. Our long-term customer relationships are evidence of the customers’ trust in Innofactor. We utilize a proactive and flexible delivery model that creates added value and helps us establish a superior position in the market.

Innofactor employs more than 600 enthusiastic and motivated top professionals in Finland, Sweden, Denmark, and Norway. We are united by our desire to work on the front line of innovation and new technology. We take pride in our highly competent professionals and significantly invest in competence development. Our employees maintain and improve their professional skills by acquiring technological qualifications, such as Microsoft Certified Professional, and by participating in training provided by our own Innofactor Academy. Their high level of expertise is evidenced by the more than 1,600 individual Microsoft certificates in our organization.

Our net sales in 2016 amounted to EUR 59.6 million, up 34.1 percent from the previous year. Our operating margin (EBITDA) was EUR 4.8 million, or 8.1 percent of net sales. The five-year growth rate of our net sales in 2012–2016 was 28 percent annually on average (CAGR), and EBITDA averaged 8.3% of net sales in 2012–2016. Our long-term financial goal is to grow profitably by achieving annual growth of about 20 percent, of which majority is intended to be achieved by organic growth, and approximately 20 percent operating margin (EBITDA) in relation to the net sales, and keeping cash flow positive and securing a solid financial standing in all situations.

The Innofactor Plc share is listed on the main list of Nasdaq Helsinki Ltd. Innofactor is one of the fastest-growing companies as measured by net sales on Nasdaq Helsinki. Innofactor has more than 10,000 shareholders.